It is is a decade since I bought my property in Pevensey. Conveyancing solicitors have just been instructed on the sale but I am unable to track down my title deeds. Will this cause complications?
You need not be too concerned. Firstly the deeds may be kept by the lender or they may be archived with the conveyancers who handled your purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Pevensey involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
Are there restrictive covenants that are commonly picked up during conveyancing in Pevensey?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Pevensey. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I opted to have a survey carried out on a property in Pevensey prior to appointing lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some banks tend refuse to give a loan on such a premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Pevensey. Conveyancing will be smoother if you use a solicitor in Pevensey especially if they are familiar with such properties in Pevensey.
My husband and I are novice buyers - had an offer accepted, yet the selling agent has warned us that the vendor will only proceed if we instruct the agent's preferred conveyancers as they want a ‘quick sale’. We would rather use a family conveyancer accustomed to conveyancing in Pevensey
It is improbable the owners are behind this. If they require ‘a quick sale', turning down a genuine buyer is counter productive. Speak to the vendors direct and make sure they understand (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to use your preferred Pevensey conveyancing solicitors - not the ones that will earn the estate agent a introducer fee or hit his conveyancing thresholds demanded by head office.
We have instructed a Pevensey conveyancing solicitor for our house purchase (novice purchasers) and have spotted in the engagement letter that they are not overseen by the FCA. Need I be concerned or is that usually the case with conveyancer?
We can't see why they should be. Most conveyancing practitioner don't lend money. They should be regulated by the SRA, who set stringent laws in relation to funds held on client account.